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17479245
17479246

1816 Washington St, Two Rivers, WI 54241

GK
WI WI 51721-90
Choice Commercial Real Estate LLC
Listed by Choice Commercial Real Estate LLC
$595,000
758 days on market
Updated 29 days ago

1816 Washington St Two Rivers WI

Details
APN 0000500103
Property Type Retail
Sub Type Storefront
Square Footage 50,800
Units 1
Occupancy 50%
Tenancy Single
Price per SqFt $12
Year Built 1922
Year Renovated 2002
Buildings 1
Stories 3
Acreage 0.410
Zoning B-1 Business
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner

TIF Eligible Downtown Redevelopment Opportunity Two Rivers

Marketing description

Substantial Retail Building located in the heart of the downtown business district in the City of Two Rivers.

It would make a great re-development project and is TIF eligible.

This property is serviced by a freight elevator that reaches all 4 levels of the building. The Main Floor and Basement levels provide 17,280 sq ft each and were used for retail purposes and the 2nd & 3rd floors provide 8,160 sq ft each used for storage. The building has a sprinkler system in place. This property was originally built as the Rivioli Theatre and operated as a Vaudville & Movie Theatre from 1920's to the 1950's. The Seller purchased the property in 1960 renovated it and in 1961 opened for business as Evans Dept Store. Currently tenant of the property is Christian Thrift Store. Great Development potential! Exclusions: Tenants fixtures, equipment & inventory.

Investment highlights

Substantial Retail Building located in the heart of the downtown business district in the City of Two Rivers.

It would make a great re-development project and is TIF eligible.

This property is serviced by a freight elevator that reaches all 4 levels of the building. The Main Floor and Basement levels provide 17,280 sq ft each and were used for retail purposes and the 2nd & 3rd floors provide 8,160 sq ft each used for storage. The building has a sprinkler system in place. This property was originally built as the Rivioli Theatre and operated as a Vaudville & Movie Theatre from 1920's to the 1950's. The Seller purchased the property in 1960 renovated it and in 1961 opened for business as Evans Dept Store. Currently tenant of the property is Christian Thrift Store. Great Development potential! Exclusions: Tenants fixtures, equipment & inventory.

Listing Contacts

GK
WI WI 51721-90
Choice Commercial Real Estate LLC
Listed by Choice Commercial Real Estate LLC

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Additional Information

Name
George Krause
License
WI 51721-90
Brokerage
Choice Commercial Real Estate
Brokerage Phone
920-905-0550
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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